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To: RealMuLan who wrote (34863)6/10/2003 9:30:22 PM
From: Joe S Pack  Read Replies (2) | Respond to of 74559
 
Here is something about how government cooks the number about unemployment.
They are as bad as Wall street crooks.

-Nat
------------
Here is something to ponder about these number from government.
(IMHO government is the 2nd worst manipulators of number after Wallstreet/Fed crooks )
Gov't Drops Monthly Mass Layoff Report

story.news.yahoo.com.

WASHINGTON - The Bush administration has dropped the government's monthly report on mass layoffs, which also had been eliminated when President Bush (news - web sites)'s father was in office.

The report by the Labor Department (news - web sites)'s Bureau of Labor Statistics recorded layoffs of 50 or more workers regardless of duration.

It was started in 1984 but was dropped for lack of funding during the last recession in 1992, when the first President Bush was in office. Lack of funding was cited this time, too. The program had been revived in 1995 under President Clinton (news - web sites).

The last report was issued on Christmas Eve with November's figures showing that U.S. companies laid off more than 240,000 workers in 2,150 mass layoffs.

A Labor Department spokesman did not immediately return a message seeking comment.

Last report including this announcement is at
bls.gov

I understand this number is based on a survey and wondering what and how do they survey.
Then again we get this from their web site:

Question: Can I get a list of the companies in the samples of the Bureau of Labor Statistics (BLS) surveys?

Answer: No. Data are collected under a pledge of confidentiality. We cannot reveal either the companies that participate or the data they provide.



To: RealMuLan who wrote (34863)6/12/2003 6:28:47 PM
From: Joe S Pack  Read Replies (1) | Respond to of 74559
 
Yet another story on US government cooking its book.


Government Statistics: Lessons in Cooking and Spinning

321gold.com

The same governmen't DoD failed to balance its book for the last seven years and hence failed audits by GAO in all seven years, and cannot account for $1trillion worth of stuff.
Now they want to show GDP growth, employment growth, productivity growth and income growth.